FROM MIGRATION TO IMMIGRATION

under your spouse’s name only. You must prove you have access to the money.

To prove your proof of funds, you must obtain official letters from any banks or financial institutions where you have an existing account. The letter must be printed on the financial institution’s letterhead and include the bank or institution’s contact information (address, telephone number and email address), the applicant’s name (account holder), the outstanding debts (such as credit card debts and loans), these details for each current banking and investment account you have with the institution namely: account numbers, date each account was opened, current account balances and average balance for the past 6 months. ========================

Regulation 76(1) (b) of the Immigration and Refugee Protection Regulations provides that:

For the purpose of determining whether a skilled worker, as a member of the federal skilled worker class, will be able to become economically established in Canada, they must be assessed on the basis of the following criteria:

(b) the skilled worker must

(i) have in the form of transferable and available funds, unencumbered by debts or other obligations, an amount equal to one half of the minimum necessary income applicable in respect of the group of persons consisting of the skilled worker and their family members.

Applicants are not required to have settlement funds if the applicant is authorized to work in Canada and has been awarded points for a qualifying offer of arranged employment under Express Entry or for arranged employment in Canada.

The proof of funds must be:

-unencumbered by debts and other obligations; and -sufficient to support initial establishment in Canada